Tearsheet

Lyft (LYFT)


Market Price (10/7/2025): $21.74 | Market Cap: $9.1 Bil
Sector: Information Technology | Industry: Application Software

Lyft (LYFT)


Market Price (10/7/2025): $21.74
Market Cap: $9.1 Bil
Sector: Information Technology
Industry: Application Software

Investment Highlights

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -11%
Weak multi-year price returns
3Y Excs Rtn is -24%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -55 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.9%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 20%
Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 17%
Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 98x
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%
  Stock price has recently run up significantly
6M Rtn6 month market price return is 108%
3 Attractive yield
FCF Yield is 11%
  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.4%
0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -11%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 20%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%
3 Attractive yield
FCF Yield is 11%
4 Weak multi-year price returns
3Y Excs Rtn is -24%
5 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 17%
6 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -55 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.9%
7 Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 98x
8 Stock price has recently run up significantly
6M Rtn6 month market price return is 108%
9 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.4%

Market Valuation & Key Metrics

LYFT Stock


Price Returns Compared

 202020212022202320242025Total [1]
Returns
LYFT Return14%-13%-74%36%-14%69%-49%
Peers Return30%18%-4%29%10%-8%92%
S&P 500 Return16%27%-19%24%23%15%108%

Monthly Win Rates [3]
LYFT Win Rate50%50%33%50%42%67% 
Peers Win Rate33%32%30%35%35%33% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
LYFT Max Drawdown-63%-24%-77%-27%-39%-23% 
Peers Max Drawdown-25%-5%-17%-10%-15%-16% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: LRN, INSP, YELP, BIYA, BLIV. See LYFT Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/6/2025 (YTD)

Downturns Compared

Unique KeyEventLYFTS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-88.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven743.8%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-70.2%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven236.1%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven329 days148 days


How Low Can It Go?

Lyft's stock fell -88.1% during the 2022 Inflation Shock from a high on 3/15/2021. A -88.1% loss requires a 743.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Lyft (LYFT)

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer riders personalized and on-demand access to various mobility options. It provides Ridesharing Marketplace, which connects drivers with riders; Express Drive, a flexible car rentals program for drivers; Lyft Rentals that provides vehicles for long-distance trips; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. The company also integrates third-party public transit data into the Lyft app to offer riders various transportation options. In addition, it offers access to autonomous vehicles; centralized tools and enterprise transportation solutions, such as concierge transportation solutions for organizations; Lyft Pink subscription plans; Lyft Pass commuter programs; first-mile and last-mile services; and university safe rides programs. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

Better Bets than Lyft (LYFT)

Trade Ideas

Select past trade ideas related to LYFT and Application Software.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADBE_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025ADBEAdobeMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.7%-0.7%-2.6%
CRM_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
3.7%3.7%-0.6%
MPWR_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025MPWRMonolithic Power SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
5.2%5.2%-0.5%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
-2.4%-2.4%-3.5%
ROP_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025ROPRoper TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
1.7%1.7%-0.3%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADBE_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025ADBEAdobeMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.7%-0.7%-2.6%
CRM_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
3.7%3.7%-0.6%
MPWR_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025MPWRMonolithic Power SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
5.2%5.2%-0.5%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
-2.4%-2.4%-3.5%
ROP_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025ROPRoper TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
1.7%1.7%-0.3%

See Trefis Trade Ideas for more.

Recent Active Movers

Recent Active Movers

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Peer Comparisons for Lyft

Financials

LYFTLRNINSPYELPBIYABLIVMedian
NameLyft Stride Inspire .Yelp Baiya In.BeLive  
Mkt Price21.74140.6576.3732.820.633.7927.28
Mkt Cap9.16.12.32.1--4.2
Rev LTM6,1112,4058611,451--1,928
Op Inc LTM-5542041183--112
FCF LTM99337385285--329
FCF 3Y Avg33624232252--247
CFO LTM1,048433117329--381
CFO 3Y Avg44130560287--296

Growth & Margins

LYFTLRNINSPYELPBIYABLIVMedian
NameLyft Stride Inspire .Yelp Baiya In.BeLive  
Rev Chg LTM19.9%17.9%22.0%5.4%--18.9%
Rev Chg 3Y Avg18.2%12.6%43.7%9.1%--15.4%
Rev Chg Q10.6%22.4%10.8%3.7%--10.7%
QoQ Delta Rev Chg LTM2.6%5.2%2.5%0.9%--2.5%
Op Mgn LTM-0.9%17.4%4.8%12.6%--8.7%
Op Mgn 3Y Avg-11.4%12.9%-2.5%8.6%--3.1%
QoQ Delta Op Mgn LTM0.5%1.0%-1.1%0.8%--0.7%
CFO/Rev LTM17.2%18.0%13.6%22.7%--17.6%
CFO/Rev 3Y Avg7.2%14.2%8.1%21.0%--11.2%
FCF/Rev LTM16.2%15.5%9.9%19.6%--15.9%
FCF/Rev 3Y Avg5.0%11.2%4.0%18.4%--8.1%

Valuation

LYFTLRNINSPYELPBIYABLIVMedian
NameLyft Stride Inspire .Yelp Baiya In.BeLive  
Mkt Cap9.16.12.32.1--4.2
P/S1.52.52.61.5--2.0
P/EBIT73.815.434.811.5--25.1
P/E98.421.142.414.1--31.8
P/CFO8.714.019.26.4--11.3
Total Yield1.0%4.7%2.4%7.1%--3.5%
Dividend Yield0.0%0.0%0.0%0.0%--0.0%
FCF Yield 3Y Avg4.0%7.3%0.7%10.6%--5.6%
D/E0.10.10.00.0--0.0
Net D/E-0.1-0.1-0.1-0.1---0.1

Returns

LYFTLRNINSPYELPBIYABLIVMedian
NameLyft Stride Inspire .Yelp Baiya In.BeLive  
1M Rtn30.5%-12.5%-11.7%2.6%21.6%3.4%3.0%
3M Rtn35.3%1.8%-39.8%-5.0%-11.6%6.9%-1.6%
6M Rtn107.6%11.3%-49.0%-1.8%-82.7%20.4%4.7%
12M Rtn73.0%75.4%-64.5%-5.2%--33.9%
3Y Rtn73.8%221.0%-55.3%-7.1%--33.3%
1M Excs Rtn26.5%-16.5%-15.7%-1.4%17.6%-0.6%-1.0%
3M Excs Rtn23.9%-5.0%-51.0%-13.5%-22.3%6.7%-9.3%
6M Excs Rtn67.7%-20.3%-79.0%-40.8%-116.2%-25.7%-33.2%
12M Excs Rtn55.3%49.4%-82.0%-22.6%--13.4%
3Y Excs Rtn-23.9%146.8%-142.0%-88.0%---55.9%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Single Segment4,4044,0953,2082,3653,616
Total4,4044,0953,2082,3653,616


Price Behavior

Short Interest

Short Interest: As Of Date9152025
Short Interest: Shares Quantity70,891,173
Short Interest: % Change Since 83120258.4%
Average Daily Volume24,858,477
Days-to-Cover Short Interest2.85
Basic Shares Quantity417,242,000
Short % of Basic Shares17.0%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/20251.6%4.2%19.1%
5/8/202528.1%24.8%20.2%
2/11/2025-7.9%-6.9%-21.7%
11/6/202422.8%23.5%10.7%
8/7/2024-17.2%-8.3%2.6%
5/7/20247.1%2.7%-5.5%
2/13/202435.1%33.0%46.8%
11/8/2023-6.0%1.3%23.2%
...
SUMMARY STATS   
# Positive111312
# Negative131112
Median Positive8.2%8.6%18.0%
Median Negative-10.2%-8.4%-14.4%
Max Positive35.1%33.0%47.8%
Max Negative-36.4%-38.2%-55.7%

SEC Filings

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Report DateFiling DateFiling
6302025807202510-Q 6/30/2025
3312025509202510-Q 3/31/2025
12312024214202510-K 12/31/2024
93020241107202410-Q 9/30/2024
6302024807202410-Q 6/30/2024
3312024509202410-Q 3/31/2024
12312023220202410-K 12/31/2023
93020231109202310-Q 9/30/2023
6302023809202310-Q 6/30/2023
3312023508202310-Q 3/31/2023
12312022227202310-K 12/31/2022
93020221108202210-Q 9/30/2022
6302022805202210-Q 6/30/2022
3312022510202210-Q 3/31/2022
12312021228202210-K 12/31/2021
93020211104202110-Q 9/30/2021

Insider Activity

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